From http://www.aopa.org/members/files/pilot/epilot/2001/010817epilot.htmlAOPA’s e-Pilot newsletter, August 17, 2001:
CIRRUS CONSIDERS FUNDING DEAL
Cirrus Design Corporation has called a shareholder meeting for next Tuesday to consider a funding package from an investment banking company. While declining to provide specifics, a company official did confirm to ePilot that such a deal would help the company manage its debt load by cleaning up the balance sheet. The money would also help the company become profitable. But the official did caution that Cirrus has been close to making other deals in the past, so there is no guarantee that this one will go through. The company currently has about 250 shareholders.